Forex Strategy “Trading in the News”
Forex Strategy “Trading in the News” - a strategy for which I traded for some time early in his career and which gave a trader at one time very, very good dividends from, and although this strategy was not invented by me, but was tailored to the market in order time (this was 3-5 years ago).
- I recommend selecting a Broker Forex with Terminal MetaTrader 4.
Frankly, I do not want to publish this strategy because whether it will work now, I do not know … He had made the same post, because Many traders I constantly ask: “How to trade on the news?”, “What news is given a good impetus?”, “Do you have a trading strategy on the news?”, etc. And also, some argue that trade on the forex and the main income need not know anything - you can just sell on the news and everything will be OK … But unfortunately Most of them are from trades or “penny” accounts or demo accounts .
That is why, knowing how interested in this topic many traders decided to publish it and a little dust frustrate many “dreamers” of the forex market.
In this strategy, you will not find advice on opening transactions, I will tell you how I personally sold and a few of my friends traders how to earn with minimal risk and why this strategy has stopped giving a good profit.
Although at the moment, this strategy will be just marvelous to work on a demo accountany Broker FOREX and occasionally will give a large number of profitable trades, but in real life - not sure …
And so are the strategies forex “trading on the news:
1) All the news trade is not necessary, there are a certain number of news stories that give a very good start, ie, momentum and open at the same time with a gap or the price is rapidly moving in one direction. Suitable only news outlet with which the price in most cases, namely 50% or better and 70% moves in one direction at least 2-3 minimum distance of indentation from the price (allowed by your Forex broker)